Post Utme Pan Atlantic University 2020 Commerce Question 5

Practice objective / multiple choice question 5 from the 2020 Post Utme Pan Atlantic University Commerce examination.

Post Utme Pan Atlantic University 2020 Commerce Objective / Multiple Choice
Question 5 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2020 • COMMERCE • objective

A firm's cost function is given by C = 50 + 10Q + 0.5Q^2. Find the firm's average cost function.

Answer Options

Correct Answer A. 50 + 10 + 0.5Q
B. 50 + 10Q + 0.5Q^2
C. 50 + 10 + 0.5Q^2
D. 50 + 10Q^2 + 0.5Q
Correct Answer
A
Correct Option:
50 + 10 + 0.5Q

About This Question

This is Post Utme Pan Atlantic University 2020 Commerce Question 5. It is one of the objective questions from the 2020 Post Utme Pan Atlantic University Commerce examination.

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